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Lattimore Black Morgan & Cain, PC - ArticlesLBMC is the largest regional professional services family of companies based in Tennessee. The group has three offices across Tennessee. As a Top 50 professional services family of companies, LBMC is recognized as a solutions leader in accounting, consulting, human resources, and technology.
LBMC - more than you expect, everything you need. It’s Time To Define Your Company’s “New Normal”So, how’s this recession thing going for you?
Is it clear how the future is going to unfold for you and your customers?
Have you cut all the expenses you care to?
Are you ready to grow again?
Are you ready to acquire – or to be acquired? Hopeful Economic Signs = Time to Accelerate GrowthOn Sept. 9, Moody’s Economy.com Chief Economist Mark Zandi stated unequivocally:
The Great Recession that began in December 2007 likely ended in August 2009.
Although a bond-rating agency that was arguably asleep at the switch before the crisis, Moody’s prognostications have been spot-on over the last 7-8 months. Zandi’s picture of the ongoing recovery is not exactly pretty, and he is quick to point out that there is still a lot of work to do and that a lot can still go wrong. Vision and Courage Required - There is NO RECESSION FOR TOP TALENTn these difficult economic times, many companies are aggressively cutting costs, including personnel costs. With this, current staffs are running extremely lean and working harder, while not receiving the incremental rewards for such efforts. This will only work for a short time. Many companies are hunkering down, hoping to ride things out while other, more aggressive companies are mobilizing their resources to capitalize on opportunities to thrive – even in anxious times. Americas Employment and Unemployment CrisisThere is a great and pernicious irony going on today in the American economy (not the only pernicious irony, most likely) concerning the great gulf between available job openings and "unemployable" laid-off workers. This schism is a harrowing litmus test -- or stress test, being the popular term of late -- concerning our continuing slide into an economic void filled with spiking and dropping figures on a number of levels. Expert Alphabet Soup - Jumble of Letters Represent Significant Expert Titles for Litigants and JudgesThe financial forensic experts of today possess a litany of credentials and licenses that are intended to promote and define their particular expertise. This article provides attorneys and clients the recipe for the “alphabet soup” that follows the name of an expert in order to assist in their hiring or cross examination in litigation. Simplified explanations, commentary and web page references are included for the most common and widely-held litigation-oriented credentials. 2008 Year-end Tax Planning for IndividualsThe end of 2008 is coming up fast. With the year drawing to a close, now is an ideal time to review your tax situation and evaluate strategies that may help minimize your tax bill.
Once December 31 passes, your 2008 tax bill is essentially set. Taking certain steps before then can make a difference. What Will a President Obama Mean to My Taxes?With the current turbulent financial situation and a new chief executive preparing to take the oath of office very soon, many of us are wondering what impact our new President will have on our taxes.
Read about the tax positions announced by President Elect Barack Obama during his campaign. 2008 Tennessee Legislative Tax ChangesThis summary highlights some of the more significant changes that Tennessee has enacted and that have become effective on January 1, 2008.
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